Braden Perry Featured in Finance Magnates Crypto Year in Review
Braden Perry, a regulatory and enforcement attorney that works in areas of novel and emerging technology with a financial focus, was featured in Finance Magnates year-end review on the regulatory inaction in cryptocurrency. “The major takeaway is the regulatory treatment is (still) unclear for cryptocurrency,” he told Finance Magnates. “It seems as if every federal regulatory agency has chimed in on cryptocurrency, but none have taken the lead. The CFPB, SEC, and CFTC have all taken some action, but the legal space is still very confusing and this appears to be the SEC’s attempt to lead in the ICO state,” he said.
As a former enforcement attorney at a federal agency and Chief Compliance Officer of a financial firm, Perry assists companies in the implementation of technology, including blockchain, and represent individuals or entities in front of the CFPB, SEC, CFTC, FTC, and numerous other federal, state, and local agencies. For cryptocurrencies to flourish, Perry told Finance Magnates that the government needs to “make sure the regulators are on the same page, and that’s obviously not occurred.” “The CFTC, SEC, and FinCEN all this past week as attempted to snarl headlines from one another and only cooperative and cohesive federal regulations will allow a broader framework to occur.” “You [also] need input from the stakeholders, meaning those in the industry and those with interest in investing in the industry,” Perry said.
“Finally, the regulations need to be pliable enough to survive the everchanging technology, something which the government does not do well,” Perry said
In a complex business environment with increased regulatory scrutiny around governance issues and stringent demands, Kennyhertz Perry brings a sophisticated understanding of the impact of these regulations on business and work with clients to identify and mitigate the risks of potential enforcement actions, navigate the complexity of the regulated world, and head off compliance issues before they arise.
Our attorneys have extensive experience advising clients in federal, state, and local regulatory inquiries and investigations, particularly in matters involving complex or novel issues. We couple technical knowledge and experience defending clients in front of federal agencies with a broad-based understanding of compliance from an institutional and regulatory perspective.
Braden Perry is a litigation, regulatory and government investigations attorney with Kennyhertz Perry, LLC. Mr. Perry has the unique tripartite experience of a white-collar criminal defense and government compliance, investigations, and litigation attorney at a national law firm; a senior enforcement attorney at a federal regulatory agency; and the Chief Compliance Officer/Chief Regulatory Attorney of a global financial institution. Mr. Perry has extensive experience advising clients in government inquiries and investigations, particularly in enforcement matters involving emerging or novel issues. He couples his technical knowledge and experience defending clients in front of federal agencies with a broad-based understanding of compliance from an institutional and regulatory perspective.
Kennyhertz Perry, LLC is a business and litigation law firm representing clients in highly regulated industries. The firm was founded by two veteran Kansas City attorneys, John Kennyhertz and Braden Perry. To learn more about the firm, visit kennyhertzperry.com.